Microloans for small businesses have taken off in Peru, where informal employment is high and access to credit is low. The nation now ranks No. 1 in the annual Economist Intelligence Unit survey of world's best business environments for microlending. Continue reading In Peru, Tiny Loans Add Up to Big Business In Peru, Tiny Loans Add Up to Big Business originally appeared on DailyFinance on Sat, 06 Nov 2010 09:00:00. Filed Under: Economy , Credit , Small Business Permalink | Tweet this! | Comments